Foreign portfolio investors turned net sellers on Friday after remaining buyers for six straight sessions. They turned sellers of index futures and stock futures, and remained sellers of index options and stock options.
FIIs In Cash Market
The FPIs sold equities worth Rs 4,352.8 crore. Domestic institutional investors remained net buyers for the second consecutive day and mopped up equities worth Rs 7,646.5 crore, according to provisional data from the National Stock Exchange.
FIIs In Futures And Options
Ahead of the April 24 expiry, the value of outstanding positions — also called open interest in the derivatives segment — has decreased for the foreign institutional investors in the Nifty futures. The FIIs’ long-to-short ratio in index futures remains at 35:65.
The FIIs were sellers of index futures worth Rs 3,116.1 crore and stock futures worth Rs 2,337.5 crore. They sold index options worth Rs 19,547.2 crore and stock options worth Rs 3,018.6 crore.
FII Contract Value
The value of the total Nifty 50 futures open interest in the market increased by Rs 149 crore at the end of the April expiry from Rs 29,540 crore a day earlier to Rs 29,689 crore.
F&O Cues
The Nifty April futures were down 0.57% to 23,637.65 at a premium of 118.3 points, with the open interest up 1.10%.
The open interest distribution for the Nifty 50 April 3 expiry series indicated the most activity at 25,400 call strikes, and the 22,500 put strikes had the maximum open interest.
Long-Short Ratio
The total long-short ratio for foreign investors fell to 1.44 from 1.63.
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